Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
251 BEEHIVE LANE is a very large extended detached house of 223m², built sometime between 1950 and 1966. It was last sold for £879,995 in December 2020, which was around 49% above the average December 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 251 BEEHIVE LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 251 BEEHIVE LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2020 7 DEC | £879,995 | £589,917 | 49% above HPI |
2004 3 SEP | £500,000 | £328,539 | 52% above HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 251 BEEHIVE LANE sales from September 2004 and December 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2004 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the December 2020 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.
251 BEEHIVE LANE is 223m², which includes four extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 251 BEEHIVE LANE lies on this distribution: 95% of detached houses are smaller than 251 BEEHIVE LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
251 BEEHIVE LANE sits on a plot of roughly 0.261 of an acre, or 1,054m². The below map shows the location of 251 BEEHIVE LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 251 BEEHIVE LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
251 BEEHIVE LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 251 on BEEHIVE LANE.